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Published byDeirdre Wright Modified over 9 years ago
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These groups often use the internet to spread propaganda.
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Extremist
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Things people create, such as books, movies, music, and software.
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Intellectual Property
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Individual part of a parties platform.
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Plank
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Internet discussion forum that allows you to post and read postings on a particular topic.
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Newsgroup
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Mass communication system of millions of networked computer.
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Internet
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Expenses that increase as production grows.
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Variable Costs
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System where private citizens own most of the means of production.
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Capitalist
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The study of how we make decisions in a world of limited resources.
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Economics
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Things we would like to have to make life more comfortable
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Wants
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Variable costs plus fixed costs.
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Total Cost
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Term refers to the extent to which change in prices causes a change in demand.
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Demand Elasticity
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Knowledge of demand is necessary to understand how this economy works.
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Market Economy
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Demand is this when a change in price causes a relatively larger change in the quantity demanded.
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Elastic
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When quantity demanded is greater than quantity supplied.
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Shortage
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Term when various quantities of a good or service that producers are willing to sell at all possible market prices.
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Supply
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A business that has many rights and responsibilities of an individual.
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Corporation
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Ownership shares of a corporation.
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Stocks
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Businesses are required to treat all workers fairly and without this.
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Discrimination
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Name of a business owned by two or more people.
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Partnership
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Payment people receive when they lend money.
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Interest
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Money that is left over after paying for the necessities.
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Discretionary Income
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Legislature that has two parts or houses.
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Bicameral
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Files of older stories.
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Archives
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Person or party filing a lawsuit.
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Plaintiff
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Expenses that are the same no matter how many units of a good are produced.
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Fixed Costs
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